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Gomer Magtibay
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Gomer Magtibay   My Press Releases

My Opinion On These New Cryptocurrency MLM Companies

Published on 7/13/2017
For additional information  Click Here

Well, this is just my opinion, and I am entitled for my opinion.

As we all know, in a democratic world, everyone's entitled for his or her own opinions. So, this is my space here in IBO, I am free to say whatevery I want to say about these new cryptocurrency MLMs popping up like mushrooms.

You may believe this, accept this, or repel.

It's up to you.

Let's rewind back to the time when the USSR has just crumbled down, Berlin Wall was dismantled, and the Germans reunited.

Then, modelled to the Americans' United States of America, European countries formed their own United States of Europe, also known as European Union.

I'm from the Philippines, I have never been to Europe, so I will just tackle on the things related to the headline. And, nothing more.


With the emergence of EU, a new kind of currency also emerged.


For reasons that are beyond the understanding of ordinary person like me, its value have risen way up over the US dollar. Here, a dollar is worth 50 pesos, while Euro, around 70 to 80.

And like Bitcoin, it became a subject of adventures in currency trading and speculation.

Now, here's what made me thinking...

During the time of Euros creation, people also got excited. There was internet already, so what's happening now with Bitcoin, may have happened also during the time.

But come to think, are there any network marketing companies then that excited people so much about Euro?

None, right?

So, Euro is newer than US dollar, and older than Bitcoin.

Did someone started a network marketing company then around the promotion of Euro?

Can you imagine this...

A prospect asks you what MLM company you're in, what product your company promotes, and you answered, "My company sells one hundred dollar bills".

Or, to make it more fancier, have you imagine yourself answering this...

"My company sells Iraqi Dinar."

Or, "My MLM company sells Syrian currency. We deal on this because, we know war in Syria is about to end, prosperity will follow, and the value of this currency will dramatically shoot up, and we holders of it will soon be billionaires!"

Have you grasped the point?

How about your sanity, have it recovered?

My point here also applies to all cryptocurrencies, those we call "alt coins".

They should all be treated as is, or "as they are", and not to be reverred like "gods or godsend".

Nothing special.

Just like Euro.

Just like US Dollar.

This is the very reason why I am not attracted to joining and marketing companies with no other product other than training on Bitcoin, or alt coin itself.

I hold Bitcoins myself, in my e-Wallet, but only for the purpose of paying for things I'm buying online.

(Have you ever noticed the high fees associated with paying Bitcoins?)

In doing something worth my while, I'd rather build my list, and prepare for the next REAL big thing.

Just my opinion. I don't expect everyone will agree.

(Or, perhaps, you will remember me and my post here after the bust)

Peace be with you, crypto guys!



Gomer Magtibay


"Money does better if they are accompanied by common sense."

- Earl Riney

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